Rediff.com India has received final approval from the National Payments Corporation of India (NPCI) for a Third-Party Application Provider (TPAP) licence, marking its formal entry […]
Author: The Banker Media
South Indian Bank reports double-digit growth in advances and deposits in Q3 FY26
The South Indian Bank Ltd. has reported healthy business momentum for the quarter ended December 31, 2025, with strong year-on-year growth across advances, deposits and […]
SG Finserve loan book crosses Rs 3,200 crore on strong Q3 growth momentum
SG Finserve Limited (SGFL) reported a robust expansion in its lending business, closing the third quarter of FY26 with a loan book of approximately Rs […]
India’s UCB Landscape Narrows as Consolidation Accelerates
The Reserve Bank of India’s (RBI) long-running consolidation drive in the urban co-operative banking (UCB) sector, initiated in 2004-05, has led to a steady reduction […]
Bartronics expands Maharashtra Gramin Bank’s rural banking network
Bartronics India Limited has signed a long-term Service Level Agreement (SLA with Maharashtra Gramin Bank to strengthen and expand the bank’s rural and semi-urban banking […]
Indian Overseas Bank secures RBI approval to set up IFSC banking unit at GIFT city
Indian Overseas Bank has received approval from the Reserve Bank of India to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City, […]
Risk and control roles to lead BFSI hiring in 2026, says Venator Search Partners
Venator Search Partners has released the survey on “Leadership hiring across India’s BFSI sector is entering a phase of consolidation”, emphasising how institutions are increasingly […]
Muthoot Microfin crosses Rs 13,000 crore AUM milestone
Muthoot Microfin Limited has announced a key growth milestone with its Individual Loan portfolio crossing Rs 1,000 crore, while total AUM has now surpassed Rs […]
Mswipe gets RBI nod as payment aggregator
Mswipe Technologies has secured the Reserve Bank of India’s final Payment Aggregator (PA) licence for both online and physical payment acceptance, marking a key regulatory […]
Mynd Fintech unveils UFX supply chain finance platform
Mynd Fintech, a subsidiary of M1xchange and a digital lending marketplace, has launched UFX (Unified Financing Xperience), a next-generation supply chain finance platform aimed at […]